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Ferry

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Mass payout solutions enhancing financial wellness for hospitality service workers.

Overview

Ferry is a provider of mass payout solutions that targets the hospitality industry. The company offers automated payment solutions designed to improve financial operations for service workers. Its platform enables bulk payment disbursements, allowing for simultaneous transactions to employees, freelancers, and suppliers on a global scale. Key offerings include automated payouts, a digital wallet, payroll cards, and tools for managing tip sharing and compliance with IRS regulations. Ferry addresses issues related to delayed payments and the complexities of tip management, with the goal of enhancing financial wellness and job satisfaction for hospitality teams. The platform supports multi-currency distributions and real-time tracking, aiming to streamline payment processes while ensuring adherence to international regulations.

Key facts

Founded
2022
Sector
Payments

Business model

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About Ferry

What does Ferry do?

Ferry is a provider of mass payout solutions that targets the hospitality industry.

Where is Ferry headquartered?

Ferry is headquartered in New York City, United States.

When was Ferry founded?

Ferry was founded in 2022.

Which sector is Ferry in?

Ferry operates in Payments, part of Financial Technology.

Who are Ferry's competitors?

Companies similar to Ferry include Jib Technologies, Dash Solutions, and Dots.